California Public Employees Retirement System Increases Stake in YETI Holdings, Inc. $YETI

California Public Employees Retirement System boosted its stake in YETI Holdings, Inc. (NYSE:YETI) by 16.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 192,846 shares of the company’s stock after buying an additional 26,908 shares during the period. California Public Employees Retirement System’s holdings in YETI were worth $7,056,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Future Fund LLC boosted its holdings in shares of YETI by 7.8% during the 1st quarter. Future Fund LLC now owns 118,608 shares of the company’s stock valued at $4,340,000 after buying an additional 8,602 shares in the last quarter. Kera Capital Partners Inc. lifted its position in YETI by 18.9% during the 1st quarter. Kera Capital Partners Inc. now owns 14,601 shares of the company’s stock valued at $534,000 after acquiring an additional 2,318 shares during the period. Assetmark Inc. boosted its stake in YETI by 10.1% during the first quarter. Assetmark Inc. now owns 8,564 shares of the company’s stock worth $313,000 after acquiring an additional 787 shares in the last quarter. D.A. Davidson & CO. grew its holdings in YETI by 35.2% in the first quarter. D.A. Davidson & CO. now owns 57,849 shares of the company’s stock worth $2,117,000 after purchasing an additional 15,065 shares during the period. Finally, Twin Capital Management Inc. bought a new position in shares of YETI during the first quarter valued at approximately $866,000.

YETI Price Performance

YETI opened at $50.36 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. The stock has a market capitalization of $3.82 billion, a P/E ratio of 25.70, a P/E/G ratio of 1.59 and a beta of 1.73. The company’s 50-day simple moving average is $48.32 and its two-hundred day simple moving average is $44.54. YETI Holdings, Inc. has a 52-week low of $30.51 and a 52-week high of $53.21.

YETI (NYSE:YETI) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The firm had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. During the same period in the previous year, the company earned $0.31 earnings per share. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, analysts predict that YETI Holdings, Inc. will post 2.44 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and lifted their target price for the company from $46.00 to $63.00 in a report on Monday, July 20th. UBS Group boosted their target price on YETI from $45.00 to $51.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Wall Street Zen upgraded YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Canaccord Genuity Group lifted their price target on YETI from $42.00 to $45.00 and gave the stock a “hold” rating in a research report on Tuesday, June 23rd. Finally, Weiss Ratings downgraded shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $52.83.

YETI Company Profile

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.